Bullish Global Exchange Eyeing Public Listing Via IPO: Report

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Bullish Global IPO Is Not a Surprise

Bullish Global, a crypto asset exchange operator backed by Peter Thiel, is mulling plans to go public through the Initial Public Offering (IPO) route. Although no official information has been released regarding the IPO, Bloomberg reported that the firm may advance this push this year.

Favorable Crypto Policies To Help

Noteworthy, President Donald Trump’s pro-crypto stance may have revived the US companies’ faith toward going public. It is worth noting that Thiel was one of those who supported the Republican politician around the time of his campaign.

With the spotlight on the industry, regulatory shifts may also favor the service providers to go public. Bullish Global and Circle, with failed SPAC moves, may finally gain the IPO pathway to going public.

Bullish IPO and Top Crypto Candidates

Beyond the Bullish IPO plans, many organizations are gradually moving towards going public. Fireblocks, Chainalysis, and Kraken are also on the path to going public this year.

Popular stablecoin issuer Circle Internet Financial is still mulling the possibility of going public in the United States. Meanwhile, another Peter Thiel-backed firm, Bitpanda, has its sights set on a public listing. In the case of Bitpanda, it has collaborated with Citigroup Inc. and JPMorgan Chase & Co. to advise it on its next step.

Conclusion

In conclusion, Bullish Global’s IPO plans are not a surprise, given the favorable crypto policies and regulatory shifts in the industry. With many organizations moving towards going public, it is likely that more companies will follow suit in the coming years.

FAQs

Q: What is Bullish Global’s plan for an IPO?
A: Bullish Global is reportedly considering going public through the Initial Public Offering (IPO) route.

Q: Is Peter Thiel involved with Bullish Global?
A: Yes, Peter Thiel is a backer of Bullish Global.

Q: What are some other crypto companies planning to go public?
A: Circle Internet Financial, Fireblocks, Chainalysis, and Kraken are also planning to go public in the coming year.

Q: Will regulatory shifts favor service providers to go public?
A: Yes, regulatory shifts may favor service providers to go public, making it easier for companies like Bullish Global to go public.

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